Debt Collection
In the United States, demand letters from a debt collector relating to a consumer debt must comply with the Fair Debt Collection Practices Act.
In some cases in Canada, a demand letter is mandatory; without it, a person could lose his or her case.
Read more about this topic: Demand Letter
Famous quotes containing the words debt and/or collection:
“Capitalism is an art form, an Apollonian fabrication to rival nature. It is hypocritical for feminists and intellectuals to enjoy the pleasures and conveniences of capitalism while sneering at it.... Everyone born into capitalism has incurred a debt to it. Give Caesar his due.”
—Camille Paglia (b. 1947)
“What is all wisdom save a collection of platitudes? Take fifty of our current proverbial sayings—they are so trite, so threadbare, that we can hardly bring our lips to utter them. None the less they embody the concentrated experience of the race and the man who orders his life according to their teaching cannot go far wrong.”
—Norman Douglas (1868–1952)